NCR Named Number One POS Software Vendor Worldwide

NCR Corporation (NYSE: NCR), a leading enterprise technology provider, has been recognized as the number one global point of sale (POS) software vendor in research and consulting firm RBR’s Global POS Software 2022 report. NCR had the highest share of global POS software installations – 15% – ranking first for retailers and restaurant operators. NCR was

COVID-19, Government Incentives and Mandates Boost Card Acceptance

Continued growth in merchant outlet and EFTPOS terminals numbers worldwide strengthens coverage of all schemes, but acceptance of the largest players differs significantly between regions 82% of payment terminals now accept contactless While 2021 saw long periods of lockdown and continued retail closures, the second year of the pandemic was overall a positive one for

Payments Platform with Integrated Loyalty Systems

More and more merchants are building loyalty rewards into their business strategies and upgrading to new, integrated loyalty systems. The global loyalty program market is projected to reach more than $142 billion in 2022 and more than $225 billion by 2026. Merchants are willing to make those investments because they’re sold on these benefits of a loyalty

New POS Software Adoption Accelerates as Retailers Embrace Omnichannel

Retailers across all sectors are seeking applications to improve customer service, expand in-store touchpoints and future-proof operations Deployments increase across all sectors There were 8.7 million POS software installations globally at major retail and hospitality operators as of June 2022, according to Global POS Software 2022, the latest study by strategic research and consulting firm

SA Payments Industry Shows Cautious Signs of Good Growth in 2023

The South African payments industry can expect steady, if cautious growth over the next year. However, like the general economy, much of the growth shareholders are looking for will depend on a stable macro environment and good access to skills, says global Payments-as-a-Service specialist, Network International. The Boston Consulting Group anticipates global payment revenues to

Halo Dot Achieves Visa Ready Certification for Tap to Phone SDK

Halo Dot – a division of Synthesis Software Technologies, announced today that it has achieved the latest Visa Certification for its products. Halo Dot is a fintech that enables instant contactless payments on any Android device. Earlier this year, Visa published new security standards for Software Development Kits (SDKs) that enable secure digital payment acceptance

Adumo Raises R190 Million to Consolidate and Develop its Recent Acquisitions

Adumo, the leading independent payments processor operating across Sub-Saharan Africa, has successfully raised R190 million to increase its shareholding and control in some of its recent acquisitions. CEO of Adumo, Paul Kent commented, “Local consumers are following a global trend of demanding digital and flexible methods of making cashless payments, through alternative methods. Likewise, merchants

Total Economic Impact Study From Forrester Consulting Finds Terminal as a Service (TaaS) by Ingenico Delivers 49% ROI

Ingenico, a world leader in payment services, has released the results of the Total Economic Impact™ study it commissioned from Forrester Consulting on the return on investment (ROI) that enterprises may realise by deploying “Terminal as a Service” by Ingenico. As a newly independent company following its recent acquisition by Apollo Funds, the release of

Welcome to the Next Generation of Point of Sale (POS)

New digital Point of Sale platforms are gaining traction which means payment providers and investors should take note. It’s hard to believe that a DVD mail-order business has redefined what it means to stream digital content for the global age. And yet, that is precisely what Netflix has done. From its humble postal beginnings in

Overcoming Financial Exclusion in South Africa

Financial inclusion is severely skewed in South Africa, with higher-income groups having more access to a range of financial services such as bank and savings accounts, loans, and insurance products. Those who are financially excluded have more difficulty accumulating wealth – further deepening this divide. But there are ways of overcoming this serious problem according